Published: 2026-06-02T01:18:40.000Z
Chart EUR/JPY Update: Pressuring strong resistance at 186.00/23
1
Break above the 185.45 resistance has seen extension to reach strong resistance at the 186.00/23 congestion and 20 April low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.95 | ** | 17 Apr YTD high | S1 | 185.00/04 | ** | congestion, 6 May high | |
| R3 | 187.55 | * | 30 Apr high | S2 | 184.00 | ** | congestion, 14 May low | |
| R2 | 186.87 | * | Jan high | S3 | 183.50 | * | congestion | |
| R1 | 186.00/23 | ** | congestion, 20 Apr low | S4 | 183.00 | * | congestion |
Asterisk denotes strength of level
01:15 GMT - Break above the 185.45 resistance has seen extension to reach strong resistance at the 186.00/23 congestion and 20 April low. Would expect reaction here but a later break cannot be ruled out to extend the bullish gains from the 182.00 May low. Break, if seen, will return focus to the 187.55/187.95, April and YTD highs. Meanwhile, support is raised to the 185.00 congestion which should underpin. Would take break here to ease the upside pressure and see room for deeper pullback to the strong support at the 184.00, congestion and 14 May low.